This prime property in the heart of Brits CBD presents a remarkable investment opportunity. Ideally situated within walking distance of the Brits Magistrates Court, Madibeng Municipality, Brits Police Station, and other key attractions, this location offers ultimate convenience and accessibility.
The total ERF size of the property spans a total of 6,677 m², of which 3,450 m² is rentable building space. It is currently fully occupied by 49 long-term tenants, ensuring a stable income stream. Equipped with 120 solar panels on the rooftop, the property significantly reduces electricity usage. Additionally, each tenant benefits from a pre-paid electricity meter, and water charges are based on the office rental area by m².
The building is thoughtfully designed to accommodate a variety of
tenants. Downstairs, the building offers 15 shops with street access open to the public, and an additional eight office spaces inside. The downstairs area includes bathrooms with 10 female and 10 male ablution facilities. There is a communal kitchen in the community college, which can accommodate approximately 16 employees. Each office and shop space is equipped with its own kitchenette or washing facilities and the office spaces are interconnected for easy access between them.
Upstairs, it features two colleges that can accommodate approximately 120 and 250 students respectively, along with 19 more office spaces. Three of these office spaces include reception desk areas. The upstairs area also boasts a rooftop open area, a cafeteria, and bathrooms with 6 female and 6 male ablution facilities. Multiple kitchenette areas are mostly shared and communal, and 90% of the space is drywalled, making it easily reconfigurable to suit different needs.
Hot water is available in the communal kitchens, cafeteria, salon, and bathrooms, while the remaining office spaces have cold water. The elevator is currently disconnected but is in working condition. The building has multiple air conditioning units, with almost every office space having one.
For security, each office is responsible for its own alarm systems and cameras. A night guard is on duty, and the main entrances to the interior offices are locked at night for added security.
This is your chance to secure a lucrative investment with promising returns. Detailed financials are available for serious buyers.
Don't miss out—call today to book your in-person viewing appointment.
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